Buyout (LBO, MBO, MBI) • Consumer Services

Safanad and Formation Capital Acquire HC-One

On November 1, 2014, asset manager Safanad and private equity real estate Formation Capital acquired consumer services company HC-One

Acquisition Context
  • This is Safanad’s 1st and Formation Capital’s 1st transaction in the Consumer Services sector.
  • This is Safanad’s 1st and Formation Capital’s 1st transaction in the United Kingdom.

Explore All 527 Buyout (LBO, MBO, MBI) Consumer Services Deals - Search the Database Free


M&A Deal Summary

Date November 1, 2014
Target HC-One
Sector Consumer Services
Buyer(s) Safanad
Formation Capital
Deal Type Buyout (LBO, MBO, MBI)

Target Company

HC-One

Darlington, United Kingdom
HC-One provides kind care to over 13,000 Residents across over 260 care homes in the UK. HC-One was founded in 2011 and is based in Darlington, United Kingdom.
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Buyers Overview 2

Buyer
DESCRIPTION

Safanad is a global principal investment firm focused on long-term investments in healthcare, education, student housing, suburban offices, automotive supply chain, and data centers. Safanad was established in 2009 and is headquartered in Dubai.


Deal Context for Buyer #
Overall 1 of 3
Sector: Consumer Services 1 of 1
Type: Buyout (LBO, MBO, MBI) 1 of 2
Country: United Kingdom 1 of 2
Year: 2014 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-09 Rimstock

West Bromwich, United Kingdom

Rimstock is a manufacturer of cast and forged aluminum automotive wheels in the United Kingdom for the automotive aftermarket and original equipment manufacturers. Rimstock was founded in 1985 and is based in West Bromwich, United Kingdom.

Buy -
Buyer

Formation Capital

Investor Investor Investor


Category Private Equity Real Estate
Founded 2001
PE ASSETS 2.9B USD
Size Large
Type Sector Focused
DESCRIPTION

Formation Capital is a private investment firm focused on senior housing and senior care, including post-acute and other senior health services. Formation Capital was formed in 2001 and is headquartered in Atlanta, Georgia.


Deal Context for Buyer #
Overall 2 of 2
Sector: Consumer Services 1 of 1
Type: Buyout (LBO, MBO, MBI) 1 of 1
Country: United Kingdom 1 of 1
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-28 TridentCare

Sparks Glencoe, Maryland, United States

TridentCare is the leading bedside diagnostic and clinical services company specializing in serving post-acute care patients. Throughout its history, TridentCare and its predecessor companies have deployed experienced healthcare professionals and leading-edge technology to provide portable X-ray, ultrasound, EKG, clinical laboratory, nurse practitioner-based primary care, vascular access, and other services to millions of patients, wherever they are.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-13 TridentCare

Sparks Glencoe, Maryland, United States

TridentCare is the leading bedside diagnostic and clinical services company specializing in serving post-acute care patients. Throughout its history, TridentCare and its predecessor companies have deployed experienced healthcare professionals and leading-edge technology to provide portable X-ray, ultrasound, EKG, clinical laboratory, nurse practitioner-based primary care, vascular access, and other services to millions of patients, wherever they are.

Sell -